Cabbeen Fashion (HKSE:02030) Debt-to-Equity : 0.28 (As of Dec. 2023)

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What is Cabbeen Fashion Debt-to-Equity?

Cabbeen Fashion's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$387 Mil. Cabbeen Fashion's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$17 Mil. Cabbeen Fashion's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,442 Mil. Cabbeen Fashion's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cabbeen Fashion's Debt-to-Equity or its related term are showing as below:

HKSE:02030' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.25 Max: 0.3
Current: 0.28

During the past 12 years, the highest Debt-to-Equity Ratio of Cabbeen Fashion was 0.30. The lowest was 0.13. And the median was 0.25.

HKSE:02030's Debt-to-Equity is ranked better than
62.81% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs HKSE:02030: 0.28

Cabbeen Fashion Debt-to-Equity Historical Data

The historical data trend for Cabbeen Fashion's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cabbeen Fashion Debt-to-Equity Chart

Cabbeen Fashion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.30

0.27

0.21

0.24

0.28

Cabbeen Fashion Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.21	0.28	0.24	0.26	0.28

Competitive Comparison of Cabbeen Fashion's Debt-to-Equity

For the Apparel Manufacturing subindustry, Cabbeen Fashion's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cabbeen Fashion's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cabbeen Fashion's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cabbeen Fashion's Debt-to-Equity falls into.

Cabbeen Fashion Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cabbeen Fashion's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(386.815	+	17.309)	/	1442.197
	=	0.28

Cabbeen Fashion's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(386.815	+	17.309)	/	1442.197
	=	0.28

Cabbeen Fashion (HKSE:02030) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cabbeen Fashion Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cabbeen Fashion's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Cabbeen Fashion (HKSE:02030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cabbeen Fashion Ltd (HKSE:02030) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Kai Tai Da Road, 9th Floor, Block C, Huang Pu District, Guangzhou, CHN, 510700

Website

https://www.cabbeen.com

Cabbeen Fashion Ltd is a Chinese designer brand. The company designs and sells apparel for men, women, and children under four brands, namely, Cabbeen, Cabbeen Urban, Cabbeen Love, and 2AM. Its retail network covers 31 provinces, autonomous regions, municipalities, and several online platforms in the People's Republic of China. The company is also engaged in the e-commerce business.

Cabbeen Fashion (HKSE:02030) Headlines

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